{"id":100031,"date":"2025-08-27T00:00:00","date_gmt":"2025-08-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/27\/cabinet-approves-new-law-for-real-estate-expropriation\/"},"modified":"2025-08-27T00:00:00","modified_gmt":"2025-08-27T00:00:00","slug":"cabinet-approves-new-law-for-real-estate-expropriation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/27\/cabinet-approves-new-law-for-real-estate-expropriation\/","title":{"rendered":"Cabinet approves new law for real estate expropriation"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning<\/strong>. It\u2019s a brand new day with a busier-than-usual issue, featuring forecasts from Riyad Capital for our macroeconomic situation, a newly-launched SAR 7.8 bn project from the National Housing Company, and the latest steps towards listing Wajd Life and Sign World on Nomu. Let\u2019s dive in.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The subscription window for Rawabi Marketing International\u2019s IPO on Tadawul\u2019s parallel <\/strong><strong>market Nomu opens <\/strong><strong>today<\/strong>, Tadawul <a target=\"_blank\" href=\"https:\/\/x.com\/tadawul\/status\/1960294787812294847\" style=\"\" rel=\"noopener\">said on X<\/a> yesterday. Qualified investors are allowed to book up to 775k shares each, with the minimum subscription limit set at 10. Final allocations will be made on Sunday, 7 September.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER-<\/strong> The IPO was priced at <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/f0d2006e-c3ca-4b51-81ff-80a93ce9b15b\/%253cmark%253erawabi%253c%2Fmark%253e-marketing-prices-nomu-ipo-at-sar-35-per-share\" style=\"\" rel=\"noopener\">SAR 35 per share<\/a>, with the firm poised to raise SAR 35 mn in proceeds, implying a market cap of SAR 542.6 mn at listing, according to our calculations. The firm is offering 1 mn shares to fund its expansion plan, which centers on building two new warehouses in Dammam and Jeddah<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>Thunderstorms and heavy rain are to continue over Jazan, Asir, Al Baha, Madinah, and Makkah today, with light to moderate showers expected in Najran, Riyadh, and the Eastern Province. <strong>Riyadh <\/strong>is expected to see a high of 43\u00b0C and a low of 32\u00b0C today, while <strong>Jeddah<\/strong>\u2019s mercury will peak at 37\u00b0C and bottom out at 32\u00b0C. <strong>Makkah <\/strong>will see a 37\u00b0C high and 31\u00b0C low.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CABINET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> A new law for real estate expropriation for public interest and temporary seizure was <\/strong><strong>approved by the Cabinet yesterday<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/uqn.gov.sa\/details?p=27380\" style=\"\" rel=\"noopener\">Official Gazette<\/a>. The full text is set to be published in the Gazette soon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know: <\/strong>Valuation of expropriated properties will be done by certified appraisers accredited by the Saudi Authority for Accredited Valuers (TAQEEM), plus 20% as compensation, <a target=\"_blank\" href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1839007\" style=\"\" rel=\"noopener\">Argaam<\/a> quoted Governor of the State Properties General Authority Abdulrehman Al Harkan as saying. Temporary seizure will be compensated by fair rental value plus 20%, Al Harkan added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>The meeting, chaired by King Salman bin Abdulaziz Al Saud, saw the approval of a new development strategy for Aseer, as well as greenlighting a number of cooperation MoUs.<\/p>\n<p class=\"tag-border-left\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a> #1- <\/strong><strong>Humain began developing its first data centers in<\/strong><strong> Saudi Arabia <\/strong><strong>with an expected launch in early 2026<\/strong>, CEO Tareq Amin told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-25\/saudi-s-humain-to-open-data-centers-with-us-chips-in-early-2026\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. Facilities in Riyadh and Dammam are slated to go online in 2Q 2026, each with an initial capacity of 100 MW.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>PIF-owned AI company <\/strong><strong>plans to source semiconductors for its data centers from US manufacturers<\/strong> and has already secured regulatory clearance to acquire 18k of Nvidia\u2019s newest chips, Amin said. The company will seek the US government approval for delivery soon, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Humain is also set to launch a computer with built-in AI in the coming months<\/strong>, developed by the company's engineers, Deputy CEO and Data & AI Models President Yaser Al Onaizan told Asharq yesterday (<a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/technology\/95866\/%D9%87%D9%8A%D9%88%D9%85%D8%A7%D9%8A%D9%86-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AA%D8%B7%D9%88%D8%B1-%D8%AD%D8%A7%D8%B3%D9%88%D8%A8%D8%A7-%D9%85%D8%AF%D9%85%D8%AC%D8%A7-%D8%A8%D8%A7%D9%84%D8%B0%D9%83%D8%A7%D8%A1-%D8%A7%D9%84%D8%A7%D8%B5%D8%B7%D9%86%D8%A7%D8%B9%D9%8A\/\" style=\"\" rel=\"noopener\">watch, runtime: 12:44<\/a>). The company also plans to launch USD 10 bn fund to support tech startups and strengthen local expertise, as part of a larger strategy to partner with leading AI firms while investing or acquiring specialized companies absent from the local market, Al Onaizan said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Humain is working with multiple US tech firms to build AI infrastructure<\/strong>, including a planned <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/cb36474b-d5c7-4b30-9cb2-fce86198691e\/pif%25e2%2580%2599s-ai-powerhouse%253cmark%253e-humain%253c%2Fmark%253e-lands-usd-bns-in-agreements\" style=\"\" rel=\"noopener\">USD 10 bn<\/a> JV with AMD. In addition, it is in <a target=\"_blank\" rel=\"noopener\">early talks<\/a> with Elon Musk\u2019s xAI on a Saudi data center project, and it plans to jointly develop 500 MW of AI data centers with Nvidia over five years. The firm aims to add 1.9 GW of data center capacity by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company is also partnering with California-based <\/strong><strong><a target=\"_blank\" href=\"https:\/\/groq.com\/\" style=\"\" rel=\"noopener\">Groq<\/a><\/strong><strong> to scale up its Arabic AI <\/strong><strong>chatbot<\/strong>, <strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/065ca400-8964-43e0-8086-056f2f1c7c07\/%253cmark%253ehumain-chat%253c%2Fmark%253e,-saudi%25e2%2580%2599s-arabic-ai-app,-is-now-live\" style=\"\" rel=\"noopener\">Humain Chat<\/a><\/strong>, currently available only in Saudi Arabia but set to expand across the Middle East in October.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a> #2- <\/strong><strong>BSF opens books on int\u2019l tier 2 issuance: <\/strong>Tadawul-listed lender Banque Saudi Fransi (BSF) kicked off the issuance of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/090b3f01-3e18-42e4-9759-50aa73143497\/flying-taxis-incoming\" style=\"\" rel=\"noopener\">USD-denominated tier 2 (AT2) capital notes<\/a> yesterday, open to both local and international investors, with the offer period due to end today, according to <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=89800&anCat=1&cs=1050&locale=en\" style=\"\" rel=\"noopener\">a disclosure<\/a> to the bourse. This comes a little over three months after it closed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/27764a3d-6451-4a14-8ea3-b4f803248ba3\/\" style=\"\" rel=\"noopener\">USD 650 mn<\/a> issuance of perpetual additional tier 1 (AT1) bonds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the offering: <\/strong>The notes carry a 10-year maturity and a five-year call, with size, yield, and final terms set to be determined based on market conditions. The Reg S-compliant paper falls under the bank\u2019s medium-term note program. The paper is set to be listed on the London Stock Exchange.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>BSF tapped our friends at HSBC and Mashreq, alongside Abu Dhabi Commercial Bank, Citigroup Global Markets, DBS Bank, Emirates NBD Bank, Mizuho International, and Saudi Fransi Capital as joint lead managers on the transaction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/aces-co.com\/\" style=\"\" rel=\"noopener\">Advanced Communications and Electronics Systems Company<\/a><\/strong><strong> (Aces) is<\/strong><strong> considering <\/strong><strong>selling a stake<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-26\/it-firm-aces-said-to-weigh-stake-sale-amid-saudi-digital-push\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported yesterday, citing people it said are familiar with the matter. The company \u2014 owned by its founders and Riyadh-based investment platform Ewpartners \u2014 hired EFG Hermes to advise on the potential transaction. Talks are still ongoing, and no final decision has been made, but both private equity firms and strategic investors have shown interest, according to the sources.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Aces: <\/strong>The company provides services for telecom operators, airports, metros and stadiums across the region, sharing its digital networks with third-party providers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Small and Medium Enterprises Loan Guarantee Program (Kafalah) has <\/strong><strong>backed over <\/strong><strong>SAR 304 mn in funding<\/strong><strong> for <\/strong><strong>94 en<\/strong><strong>tertainment facilities as of 2Q 2025<\/strong>, Kafalah <a target=\"_blank\" href=\"https:\/\/x.com\/Kafalah\/status\/1960265979763495363\" style=\"\" rel=\"noopener\">posted on X<\/a>. The second quarter alone saw 32 facilities join the program, up 78% y-o-y, <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/economy\/2025\/08\/26\/%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D8%B9%D8%AF%D8%AF-%D8%A7%D9%84%D9%85%D9%86%D8%B4%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D9%81%D9%8A%D8%AF%D8%A9-%D9%85%D9%86-%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D9%83%D9%81%D8%A7%D9%84%D8%A9-%D9%81%D9%8A-%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AA%D8%B1%D9%81%D9%8A%D9%87-%D8%A8%D9%80-78-%D8%AE%D9%84%D8%A7%D9%84-%D8%A7%D9%84%D8%B1%D8%A8%D8%B9-%D8%A7%D9%84%D8%AB%D8%A7%D9%86%D9%8A\" style=\"\" rel=\"noopener\">Alarabiya<\/a> reported yesterday, citing Kafalah data.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">OIL WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia received some 1.1 mn tons of fuel oil and vacuum gas oil<\/strong><strong> (VGO) from <\/strong><strong>Russian ports in July<\/strong>, a marginal change from June, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/saudi-arabia-india-were-biggest-buyers-russian-fuel-oil-july-data-shows-2025-08-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing traders and LSEG data. Meanwhile, India\u2019s imports of the same products from Russia jumped 65% m-o-m in July to 600k tons.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia\u2019s power plants ramped up their use of high-sulphur fuel oil and crude <\/strong><strong>during the summer months<\/strong> to cover peak demand, which is driven by high AC loads.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Tas\u2019heel and Hassan Allam Properties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industry?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fight over the Federal Reserve is taking over the front pages this morning<\/strong>, along with more tariff news and the ripples of the Gaza war in the world of investment and tech.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not without a fight: <\/strong>Ousted governor Lisa Cook said she will not accept President Trump\u2019s decision to fire her from the board. Cook is <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/fed-governor-cook-will-sue-keep-her-job-trump-mulls-replacement-2025-08-26\/\" style=\"\" rel=\"noopener\">filing a lawsuit against the decision<\/a>, the first of its kind in the independent institution\u2019s history, with her lawyer arguing the alleged \u201cdeceitful and potential criminal conduct,\u201d as Trump put it in his posts, has no basis in facts or law. Trump said yesterday <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/a05b579a-6839-473f-8aa7-65b81e4ff5ee\" style=\"\" rel=\"noopener\">he has a list of replacement candidates ready<\/a>, and he is looking forward to having \u201ca majority very shortly\u201d on the Fed\u2019s board.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US tariffs on India to go up: <\/strong>Additional tariffs amounting to 25% on India\u2019s exports to the US <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/08\/07\/indias-nearly-87-billion-exports-to-us-under-threat-due-to-trump-tariffs.html\" style=\"\" rel=\"noopener\">are set to take<\/a><a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/08\/07\/indias-nearly-87-billion-exports-to-us-under-threat-due-to-trump-tariffs.html\" style=\"\" rel=\"noopener\">effect today<\/a>, after a showdown between Washington and Delhi over oil purchases from Russia failed to lead to a trade agreement. The US is India\u2019s largest export partner, with over USD 86.5 bn in goods (some 20% of the total) exported to the US in the last fiscal year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong>The world\u2019s largest sovereign wealth fund in Norway <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/08\/26\/norways-giant-wealth-fund-exits-six-firms-on-israel-concerns.html\" style=\"\" rel=\"noopener\">divested from manufacturing<\/a><a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/08\/26\/norways-giant-wealth-fund-exits-six-firms-on-israel-concerns.html\" style=\"\" rel=\"noopener\">behemoth Caterpillar<\/a> and five Israeli banks over ties to Israel\u2019s unlawful activities in the West Bank. The fund had a USD 2.4 bn stake in Caterpillar by the end of 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH READING- <\/strong>Microsoft has reportedly enlisted the help of the FBI to track internal protesting over its ties with Israel, following a steady trickle of employee activism targeting its executives. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-26\/microsoft-asked-fbi-for-help-with-israel-gaza-protests\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Humain to launch data centers in Saudi by early 2026<\/p>\n","protected":false},"author":1,"featured_media":100032,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[136,10,4267,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-cabinet-watch","tag-enterpriseam-ksa","tag-humain","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"2a2688aa-4888-4805-859c-74ca9897a900","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/3\/254.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Cabinet approves new law for real estate expropriation","related_issue":[100029],"teaser":"PLUS: Humain to launch data centers in Saudi by early 2026","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.a66ec4fb-69bb-473b-a01d-977c7b09d15a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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